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FSAGX Fidelity® Select Gold

  • Fund
  • FSAGX
  • Price as of: Aug 08, 2016
  • $27.50
  • + $0.08
  • + 0.29%
  • Category
  • Commodity Producers Equities

FSAGX - Profile

Vitals

  • YTD Return 103.7%
  • 3 Yr Annualized Return 8.8%
  • 5 Yr Annualized Return -10.3%
  • Net Assets $2.23 B
  • Holdings in Top 10 53.3%

52 WEEK LOW AND HIGH

$27.50
$12.46
$28.32

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.97%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Commodity Producers Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Equity Precious Metals

Distributions

  • YTD Total Return 103.7%
  • 3 Yr Annualized Total Return 8.8%
  • 5 Yr Annualized Total Return -10.3%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio -0.17%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity® Select Gold Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date Dec 16, 1985
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Joe Wickwire

Fund Description

The Fidelity Select Gold Portfolio (FSAGX) is an actively managed fund that focuses on the precious metals sector. The fund primarily holds stocks of companies that mine, explore and process gold. However, it can and does also hold firms that produce silver, platinum and other precious metals. Given its sector focus, FSAGX can hold both U.S. and international stocks. The fund’s managers screen for various value metrics when building FSAGX’s portfolio. Expenses for the fund are on the low side when compared to the sector average.

With such a narrow mandate, FSAGX should be used as a side bet by investors. The fund is internally managed by Fidelity.

FSAGX - Performance

Return Ranking - Trailing

Period FSAGX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 103.7% -8.0% 235.9% 2.75% 1
1 Yr 110.5% -25.6% 110.5% 0.91% 1
3 Yr 8.8% * -25.6% 8.8% 1.04% 1
5 Yr -10.3% * -18.4% 8.8% 34.52% 2
10 Yr 1.2% * -13.9% 1.2% 3.70% 1

* Annualized


Return Ranking - Calendar

Period FSAGX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -17.9% -35.0% 169.7% 26.92% 2
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

Total Return Ranking - Trailing

Period FSAGX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 103.7% -8.0% 235.9% 2.83% 1
1 Yr 110.5% -27.2% 110.5% 0.91% 1
3 Yr 8.8% * -26.3% 8.8% 1.04% 1
5 Yr -10.3% * -18.6% 8.8% 30.95% 2
10 Yr 1.2% * -13.9% 1.2% 3.70% 1

* Annualized


Total Return Ranking - Calendar

Period FSAGX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -17.9% -35.0% 169.7% 26.92% 2
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

NAV & Total Return History

FSAGX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

FSAGX Category Low Category High FSAGX % Rank Quintile
Net Assets 2.23 B 1.34 M 3.97 B 3.64% 1
Number of Holdings 79 1 454 10.00% 2
Net Assets in Top 10 1.07 B 0 1.67 B 1.82% 1
Weighting of Top 10 53.3% 0.0% 90.8% 6.36% 1

Top 10 Holdings

  1. Goldcorp Inc 3.90%
  2. Gold Bullion (1 Oz = 1 Share) 5.05%
  3. Franco-Nevada Corp 5.39%
  4. Randgold Resources Ltd ADR 7.13%
  5. Newcrest Mining Ltd 5.24%
  6. Silver Bullion (1 Oz = 1 Shr) 4.43%
  7. Agnico Eagle Mines Ltd 5.74%
  8. Newmont Mining Corp 6.66%
  9. Barrick Gold Corp 6.13%
  10. B2Gold Corp 3.57%

Asset Allocation

Weighting Category Low Category High FSAGX % Rank Quintile
Stocks
98.56% 0.00% 99.33% 1.82% 1
Cash
1.23% 0.67% 100.00% 29.09% 5
Preferred Stocks
0.21% 0.00% 0.75% 1.82% 1
Other
0.00% 0.00% 62.93% 23.64% 5
Convertible Bonds
0.00% 0.00% 0.00% 0.91% 3
Bonds
0.00% 0.00% 72.06% 15.45% 4

Stock Sector Breakdown

Weighting Category Low Category High FSAGX % Rank Quintile
Basic Materials
89.02% 0.00% 89.02% 3.33% 1
Financial Services
0.00% 0.00% 0.54% 16.67% 4
Real Estate
0.00% 0.00% 0.74% 13.33% 4
Industrials
0.00% 0.00% 52.55% 36.67% 5
Healthcare
0.00% 0.00% 4.19% 10.00% 3
Technology
0.00% 0.00% 3.68% 26.67% 4
Energy
0.00% 0.00% 62.98% 30.00% 5
Communication Services
0.00% 0.00% 0.01% 6.67% 3
Consumer Defense
0.00% 0.00% 8.36% 30.00% 5
Consumer Cyclical
0.00% 0.00% 4.09% 23.33% 4
Utilities
0.00% 0.00% 32.97% 23.33% 5

Stock Geographic Breakdown

Weighting Category Low Category High FSAGX % Rank Quintile
Non US
88.30% 0.00% 88.30% 0.91% 1
US
10.26% -0.46% 68.22% 12.73% 2

FSAGX - Expenses

Operational Fees

FSAGX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.97% 0.40% 8.32% 70.00% 1
Management Fee 0.55% 0.30% 1.50% 19.09% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.01% 1.05% N/A N/A

Sales Fees

FSAGX Fees (% of AUM) Category Low Category High FSAGX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

FSAGX Fees (% of AUM) Category Low Category High FSAGX Rank Quintile
Max Redemption Fee 0.75% 0.75% 2.00% 10.00% 1

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FSAGX Fees (% of AUM) Category Low Category High FSAGX Rank Quintile
Turnover 20.00% 0.00% 784.00% 25.47% 2

FSAGX - Distributions

Dividend Yield Analysis

FSAGX Category Low Category High FSAGX % Rank Quintile
Dividend Yield N/A 0.00% 0.96% N/A N/A

Dividend Distribution Analysis

FSAGX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FSAGX Category Low Category High FSAGX % Rank Quintile
Net Income Ratio -0.17% -2.74% 2.11% 23.64% 2

Capital Gain Distribution Analysis

FSAGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

FSAGX - Managers

Joe Wickwire

Manager

Start Date

Aug 31, 2007

Tenure

8.92

Tenure Rank

2.7%

Prior to joining Fidelity Investments in 2007, Mr. Wickwire spent 20 years at Evergreen Investments in Boston. During his time at Evergreen, he worked as an analyst and a portfolio manager. Mr. Wickwire holds a Chartered Financial Analyst designation.


Tenure Analysis

Category Low

0.0

Category High

12.1

Category Average

4.68

Category Mode

1.6